financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Retains Hold Opinion On Shares Of The Estee Lauder Companies Inc.
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Retains Hold Opinion On Shares Of The Estee Lauder Companies Inc.
Mar 6, 2024 8:53 AM

11:30 AM EST, 03/06/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Shares are ~3% lower in intraday trading on reports of Valisure's, an independent U.S. laboratory, findings during testing of acne treatment products containing Benzoyl Peroxide (BPO). Valisure found BPO acne products are fundamentally unstable and can generate unacceptably high levels of Benzene, a known carcinogenic, when stored or exposed to higher temperatures by consumer handling. Benzene was found to potentially escape into the surrounding air at approximately 1,270 times the EPA's calculated threshold for increased cancer risk, when measured in a compact car at 70 degrees Celsius. Clinique, one of EL's leading brands, was highlighted as having BPO products. Visiting Clinique's website we found 1/10 acne products listed BPO as an ingredient. This BPO acne product is not listed as a top-seller for Clinique across various e-commerce sites, warranting our Hold view. We are wary of potential reputational damage which could warrant higher marketing spend to recuperate consumer trust in Clinique products.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Best bond funds for retirement investors
Best bond funds for retirement investors
Sep 30, 2024
When it comes to saving for retirement, investors generally use a combination of equity and fixed income investments. If you're young and retirement is still far off, your portfolio is more likely to hold mostly equity (stock-based) investments because you have a long time to make up for any short-term fluctuations in the markets. And then as you approach retirement,...
How often do Treasury bonds pay interest?
How often do Treasury bonds pay interest?
Sep 30, 2024
Key takeaways Treasury bonds are government securities that pay a fixed interest rate every six months. A Treasury bond's coupon rate - or interest paid - stays fixed for the life of the bond, but the bond's price can change if traded on the market. Treasury bonds are considered safe investments because they are backed by the U.S. government, but...
Best-performing energy stocks: October 2024
Best-performing energy stocks: October 2024
Oct 2, 2024
Energy stocks can be hot and cold, but when they're hot, they can move as quickly as any tech stock. And it's a popular sector to trade when oil prices skyrocket or geopolitical tensions ratchet up, as prices can become highly volatile and traders jump into the action. Because of that volatility, a list of the best performers won't tell...
What is a CD (certificate of deposit)?
What is a CD (certificate of deposit)?
Sep 30, 2024
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways A CD locks in your money for a set period of time, also known as...
Copyright 2023-2025 - www.financetom.com All Rights Reserved